UK fast-food and coffee chains cut prices as VAT relief comes into effect

Treasury says some businesses may struggle to pass on savings to customers after lockdown

The UK’s fast-food chains and coffee shops have set out the details of how customers can benefit from VAT cuts on food and drink that have come into force in the hospitality sector.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Guardian /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK VAT cut begins today - follow liveFollow all the latest updates on the pandemic from around the world
Read more »

UK economy may not recover until end of 2022, Treasury forecaster warnsGDP would shrink 12.4% and unemployment more than double in one scenario as budget deficit hits £322bn
Read more »

UK holidays: Attractions now open to tourists in the UK - full list hereUK HOLIDAYS are more popular this year with many choosing to ditch holidays abroad for a staycation closer to home. But which UK attractions are now open? Here's everything you need to know.
Read more »

Firms start price cuts as £4bn VAT boost beginsStarbucks and McDonald's are the latest firms to cut some prices, but not all businesses can afford to do so.
Read more »

KFC to slash price of boneless bucket in HALF due to VAT cutKFC has announced that it will slash the price of a boneless bucket by half in response to a VAT cut. The 15 per cent tax cut comes into force tomorrow and is due to last until January 2021 –…
Read more »

Nando's has reduced the price of all its food, thanks to VAT cut*And* they're doing home delivery straight from restaurants
Read more »